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SATS swings back to black in H1 FY25 with $134.7m profit

In H1 FY 2024, it reported a $7.8m loss.

SATS posted a profit attributable to company owners of $134.7m in H1 FY2025, reversing its $7.8m loss from H1 FY 2024.

The company attributed its rebound to improved business volume and rate increases from customers.

These two factors also boosted the company's revenue to $2.82b, 14.9% higher than H1 FY24.

 

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